Page 100 - ALEF EDUCATION PR RPEORT MAY 2025
P. 100
5/6/25, 11:23 AM Dubai Holding to list its residential Reit on DFM | The National
Dubai Holding to list its residential Reit on
DFM
The company is offering 1.625 billion units as part of the IPO on Dubai bourse
Fareed Rahman
May 05, 2025
Dubai Holding, a diversified global investment company, is listing its Dubai Residential Reit, a sharia-
compliant, income-generating real estate investment trust on the Dubai bourse, in the first initial public
offering in Dubai this year.
The move comes amid a continued boom in the emirate's property market. Dham Investments, a wholly
owned subsidiary of Dubai Holding, is offering 1.625 billion units (12.5 per cent of Dubai Residential
Reit) to investors in an initial public offering on the Dubai Financial Market, the company said in a
statement on Monday.
The IPO subscription period is set to run from May 13 to May 20, with the Reit expected to begin
trading on the bourse on around May 28. The decision on the final offer price will be announced on May
21.
Ninety per cent of the offer units will be allocated to professional investors, with 10 per cent going to
individual subscribers and other investors.
Dham Investments will retain 87.5 per cent of Dubai Residential Reit’s issued unit capital following the
offering.
“The decision to launch the IPO of Dubai Residential Reit marks a natural evolution in our story, offering
investors a unique opportunity to participate in the GCC’s largest and first pure-play listed residential
leasing-focused Reit,” said Malek Al Malek, group chief executive of Dubai Holding Asset Management
and chairman of the investment committee of Dham Reit Management.
“With a diversified portfolio valued at over Dh21 billion, this milestone enables us to expand our impact,
deliver sustainable unit holder returns, and continue shaping the future of urban living in Dubai.”
Dubai Residential Reit portfolio
https://www.thenationalnews.com/business/2025/05/05/dubai-holding-to-list-its-residential-reit-on-dfm/ 1/4
